The Program on Energy and Sustainable Development is part of the Freeman Spogli Institute for International Studies.
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Factors such as domestic oil production, improved technologies and declining market power of OPEC countries are likely to continue keeping oil prices low, says Stanford economist Frank Wolak.
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Natalie Maynor/Creative Commons
Caption:
Factors such as domestic oil production, improved technologies and declining market power of OPEC countries are likely to continue keeping oil prices low, says Stanford economist Frank Wolak.